You are here

American Airlines' profit beats expectations

Fare rise, lower fuel costs and strong demand trends push up its shares by 4%
Thursday, January 30, 2014 - 06:00

Merger benefits: American plans to improve Q4 results by combining operations with US Airways after the recent merger. A new reservations system will allow customers to book flights on both airlines. - PHOTO: BLOOMBERG

[FORT WORTH, Texas] American Airlines Group, the world's biggest carrier following a merger with US Airways last year, reported better-than-expected adjusted profit and revenue as fares climbed and fuel costs fell, sending its shares up more than 4 per cent. The carrier, the result of a union of

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom